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I want only a safe 4% each month... Which EA?? Thank you
forex_trader_6135
Členem od Jan 25, 2010
66 příspěvků
Jan 30, 2013 at 11:43
If you want a 4% a month you probably have good capital and i would say risk in the region of 2% per trade.
If you want to spin a large amount from a small investment id say 10% per trade, with multiple trades this obviously extends the overall drawdown risk!
If you want to spin a large amount from a small investment id say 10% per trade, with multiple trades this obviously extends the overall drawdown risk!
Členem od Jan 30, 2013
3 příspěvků
Jan 30, 2013 at 17:04
I agree with you Mark.
That's mostly pro did.
They risk 1-2% per trade.. and find higher RR trade.
You don't risk more than 10% to gain 4%.. it doesn't work.
But to make $ in trading.. the key is "CONSISTENCY".
Use 1 technique and start trade it.
That's mostly pro did.
They risk 1-2% per trade.. and find higher RR trade.
You don't risk more than 10% to gain 4%.. it doesn't work.
But to make $ in trading.. the key is "CONSISTENCY".
Use 1 technique and start trade it.
arry01 posted:
If you want a 4% a month you probably have good capital and i would say risk in the region of 2% per trade.
If you want to spin a large amount from a small investment id say 10% per trade, with multiple trades this obviously extends the overall drawdown risk!
forex_trader_6135
Členem od Jan 25, 2010
66 příspěvků
Jan 30, 2013 at 17:11
Hi Jeremy
Agreed. Also use small amounts to test strategies with real trades, factor successful strategies back into your normal trading plan.
Kind of what im doing with my most recent strategy here.
Agreed. Also use small amounts to test strategies with real trades, factor successful strategies back into your normal trading plan.
Kind of what im doing with my most recent strategy here.
Členem od Aug 03, 2012
291 příspěvků
Jan 31, 2013 at 00:37
yes,....i have to change my strategy,because now big pips small profit,big DD
thank,s so much mark and jeremynet ...always good trading..
thank,s so much mark and jeremynet ...always good trading..
Členem od Jan 30, 2013
3 příspěvků
Jan 31, 2013 at 11:08
You are welcome moerwadi. We learned from each other... learn from the pros.. and only pros will tell you the true story to become success trader..
Success trader or Pro trader in my mind... They are very disciplined and follow the trading plan 100%.
You can do a simple calculation by compounding an account with $500 makes 10-15%/m... you could literally grow your account to 6 or 7 figures in 3-4yrs.. but the crucial part is:
1. Consistency
2. Discipline
3. Follow your trading plan 100%
Can you do it? Then test your endurance with small equity..
If you can grow an account with $100 equity.. for 6 months.. very consistent 10-15%.. then fund bigger.. and keep duplicating.
If you consistent making >10% per month for years.. you are considered a Top Trader!
Unline the one can grow 1000% in a month..
So trading is same with any business out there.. just to be FOCUS + CONSISTENCY ;)
All the best all traders
Success trader or Pro trader in my mind... They are very disciplined and follow the trading plan 100%.
You can do a simple calculation by compounding an account with $500 makes 10-15%/m... you could literally grow your account to 6 or 7 figures in 3-4yrs.. but the crucial part is:
1. Consistency
2. Discipline
3. Follow your trading plan 100%
Can you do it? Then test your endurance with small equity..
If you can grow an account with $100 equity.. for 6 months.. very consistent 10-15%.. then fund bigger.. and keep duplicating.
If you consistent making >10% per month for years.. you are considered a Top Trader!
Unline the one can grow 1000% in a month..
So trading is same with any business out there.. just to be FOCUS + CONSISTENCY ;)
All the best all traders
Členem od Aug 03, 2012
291 příspěvků
Jan 31, 2013 at 11:31
thank you so much for everything especially your comments here, jeremynet
just learning and learning that lead to success being a professional trader
regards
just learning and learning that lead to success being a professional trader
regards
Členem od Dec 05, 2010
4 příspěvků
Feb 03, 2013 at 17:25
(Upravené Feb 03, 2013 at 17:27)
https://www.myfxbook.com/members/fxlegend/right-stuffzulutrade/466848
Hi, thanks for taking a look at my system.
Hi, thanks for taking a look at my system.
Členem od Jan 28, 2013
9 příspěvků
Feb 03, 2013 at 18:23
Členem od May 22, 2012
219 příspěvků
Feb 04, 2013 at 09:03
Nice Equity Growth Pips Trap xDD .
FxLegend, u need more time to show an account, two week dont say too much.
FxLegend, u need more time to show an account, two week dont say too much.
Caution ¡¡ Forex market is full of scams ¡¡
forex_trader_70903
Členem od Mar 22, 2012
12 příspěvků
Feb 05, 2013 at 07:05
Beast
Členem od Jan 28, 2013
9 příspěvků
Feb 05, 2013 at 07:06
optimofx posted:
Nice Equity Growth Pips Trap xDD .
FxLegend, u need more time to show an account, two week dont say too much.
Thank you 😝
Členem od May 22, 2012
219 příspěvků
Feb 05, 2013 at 13:20
U know means of Irony ?
Caution ¡¡ Forex market is full of scams ¡¡
Členem od May 22, 2012
104 příspěvků
Feb 05, 2013 at 14:11
One can look at my trading. There is one real account as well. All accounts are in a real good profit.
Členem od Jan 10, 2013
259 příspěvků
Feb 05, 2013 at 19:24
vijayinvites posted:
One can look at my trading. There is one real account as well. All accounts are in a real good profit.
You're hedging and you sample space is very small to talk it up. Get a year up then talk about your real account otherwise you're another joke in the park.
Členem od May 22, 2012
104 příspěvků
Feb 06, 2013 at 04:45
(Upravené Feb 06, 2013 at 04:45)
i am not hedging dude. Check it properly. And sure, i want to talk about it after 6-9 months.
Členem od Sep 30, 2011
68 příspěvků
Feb 06, 2013 at 06:30
vijayinvites, your stats are nice. I also have good results so far
Earning money should be boring. If you feel excited or worried, your risk settings are too high.
Členem od Jul 23, 2012
3 příspěvků
Feb 13, 2013 at 12:43
I'm new to this game but I don't understand why 4% seems like an unrealistic goal to so many people. If you use a system where you risk 2% per trade with average SL of 50 pips, you only need a net profit of 100 pips per month to get 4%. Is that really unrealistic? Even if you're totally inept you can use a solid signal provider or an ea and it should be doable. I also don't understand people who strive for 50+% monthly gains. why in the world would you need it? 4% monthly is over 60% per year. 6% monthly and you more than double your account in a year. Sounds like a dream investment to me.
Členem od Apr 12, 2012
154 příspěvků
Feb 13, 2013 at 12:59
noumen1 posted:
I'm new to this game but I don't understand why 4% seems like an unrealistic goal to so many people. If you use a system where you risk 2% per trade with average SL of 50 pips, you only need a net profit of 100 pips per month to get 4%. Is that really unrealistic? Even if you're totally inept you can use a solid signal provider or an ea and it should be doable. I also don't understand people who strive for 50+% monthly gains. why in the world would you need it? 4% monthly is over 60% per year. 6% monthly and you more than double your account in a year. Sounds like a dream investment to me.
it depends on the amount of the balance. if the balance of 1000$ then it is not difficult, but if 1 million$, here and on the balance of risks different
Členem od May 04, 2012
1534 příspěvků
Feb 13, 2013 at 18:04
This strategy has 10 years history of stable backtest results with AVERAGE 10% per month profit (25% max. relative DD), 6 months of stable demo and - for now - 4 months of stable LIVE forward tests: http://www.myfxbook.com/members/FxMasterGuru/morningstar-i/407015
No Martingale.
No Grid.
No Hedging.
Just place it on your Watch List and you will see... Questions are welcome.
No Martingale.
No Grid.
No Hedging.
Just place it on your Watch List and you will see... Questions are welcome.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od May 22, 2012
219 příspěvků
Feb 13, 2013 at 18:38
I wonder if u do a Backtest of 10 years old + 6 months Demo + 4 months of Real , them for how many time u do ur Optimization ?.
I think that u are confused in some terms. Or maybe u get that system optimized, them u dont do a Fordward test before put in demo?
I think u confused Backtest with Optimization, and are not the same.
GL.
http://www.myfxbook.com/members/optimofx
I think that u are confused in some terms. Or maybe u get that system optimized, them u dont do a Fordward test before put in demo?
I think u confused Backtest with Optimization, and are not the same.
GL.
http://www.myfxbook.com/members/optimofx
Caution ¡¡ Forex market is full of scams ¡¡
